2024-04-29 06:36:20 ET
Summary
- 4D Molecular Therapeutics is a biotechnology company that develops genetic medicines using its Therapeutic Vector Evolution platform.
- The company's pipeline includes promising ophthalmology, pulmonology, and cardiology candidates, with Phase 3 progress for wet AMD and cystic fibrosis treatments.
- FDMT's platform allows for quickly creating custom viral vectors tailored to specific diseases, setting it apart from competitors.
- FDMT's recent public offering bolsters its position and extends its cash runway to 5.8 years, allowing time for research and clinical trials.
- I believe FDMT stock is a strong buy, driven by its innovative platform and a robust pipeline with a solid cash position.
...
Read the full article on Seeking Alpha
For further details see:
4D Molecular Therapeutics: Catalysts With Pioneering Gene Therapy With Directed Evolution